The rising demand for infrared cameras in quality control and inspection application is expected to foster healthy growth of the market, states Fortune Business Insights in a report, titled “Infrared Imaging Market Forecast, 2022-2029.”
The infrared imaging market refers to the industry involved in the manufacturing, distribution, and use of infrared imaging systems and devices. Infrared imaging, also known as thermal imaging, utilizes infrared radiation to capture and create images based on the temperature differences of objects or scenes. These systems provide valuable insights into thermal patterns and allow for non-contact temperature measurement and analysis.
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The Report Lists the Key Companies in the Infrared Imaging Market:
- Cox (South Korea)
- C-THERMAL (Austria)
- DALI Technology (China)
- FLIR Systems, Inc. (The U.S.)
- Fluke (The U.S.)
- Sensors Unlimited (The U.S.)
- Episenorsa (Ireland)
- IRCameras LLC (The U.S.)
- L3Harris Technologies, Inc. (The U.S.)
- Princeton Instruments, Inc. (The U.S.)
- Raptor Photonics (The U.K.)
- Tonbo Imaging (The U.S.)
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The infrared imaging market serves a wide range of industries and applications, including:
- Industrial and Manufacturing: Infrared imaging systems are used for predictive maintenance, process monitoring, and quality control in industries such as manufacturing, electrical, and mechanical. They help identify overheating components, detect faults in machinery, and optimize energy efficiency.
- Security and Surveillance: Infrared cameras are employed in security systems and surveillance applications to detect intruders, monitor perimeters, and enhance situational awareness in low-light or nighttime conditions. They can identify human or animal presence based on body heat signatures.
- Medical and Healthcare: Infrared imaging is used in medical diagnostics for various purposes, including monitoring blood flow, identifying inflammation or infections, and detecting abnormal temperature patterns. It is also utilized in thermal imaging cameras for screening fevers or elevated body temperatures.
- Building and Infrastructure: Infrared imaging systems are used in building inspections, energy audits, and construction to identify heat loss, insulation deficiencies, water leaks, and electrical faults. They help improve energy efficiency, identify potential hazards, and ensure structural integrity.
- Aerospace and Defense: Infrared imaging plays a critical role in military applications, including target acquisition, surveillance, and night vision systems. It enables the detection of heat signatures, enhancing situational awareness and aiding in threat detection.
- Automotive: Infrared imaging is increasingly being integrated into advanced driver-assistance systems (ADAS) and autonomous vehicles. It helps detect pedestrians, animals, and other objects on the road, improving safety and reducing accidents.
Rising Defense Expenditure to Contribute Growth in the Asia Pacific
Geographically, the infrared imaging market is categorized into North America, Europe, Asia Pacific, and the Rest of the World. The market is expected to account for the largest share in the global market owing to the existing industry players in the U.S such as IRCameras LLC, L3Harris Technologies, Inc., Princeton Instruments, Inc., and Tonbo Imaging. Asia Pacific is predicted to rise tremendously during the forecast period due to the increasing demand for infrared imaging technology from various sectors. The increasing defense budget and expenditure can be a vital factor fueling the demand for infrared cameras to detect any intrusions on bonders, which, in turn, will aid the expansion of the market. Europe is predicted to witness a rapid growth rate in the foreseeable future. The ongoing advancement in infrared imaging technology for the development of cost-effective solutions is expected to promote the growth of the market.
Jan 2019: FLIR Systems, Inc. signed a contract worth USD 89 Million with French armed forces to provide the FLIR Black Hornet 3 nano-unmanned aerial vehicle (UAV) and Personal Reconnaissance System (PRS) to support French Armed Forces operations.
The report on the infrared imaging market explains:
- What methodologies are used by key players to Improve Business?
- What are the latest trends in the market?
- Which region dominates the market in terms of share?
- What will be the market scenario in the future?
- What are the different ways to improve market sales?
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